The personnel changes, effective 1 January 2020, are aimed to reduce operational costs and better position the company to grow in light of new strategic investments such as its planned future acquisition of Big River Steel.

“We have been investing in building a footprint of world-class assets and with today’s announcement we will become a more focused, agile organization with a world-class leadership team ideally structured to capitalize on market opportunities and position us for success,” said president and chief executive David B. Burritt in a statement.

The following leadership changes were named:

• Scott Buckiso, senior vice president, automotive solutions, will become chief manufacturing officer, North American Flat-Rolled segment.

• Doug Matthews, senior vice president, industrial, service center, mining solutions and tubular, will become chief commercial and technology officer.

• Jim Bruno, senior vice president, European solutions and president, U. S. Steel Košice, will become president of U. S. Steel Europe.

• Christine Breves, senior vice president, manufacturing support and chief supply chain officer, will become chief financial officer. Her promotion will be effective 4 November. Kevin P. Bradley, the current executive vice president and chief commercial officer, has resigned from his position but will continue to serve as executive vice president and adviser to the CEO through the end of 2019.

• Rich Fruehauf, senior vice president, strategic planning and corporate development, will become chief strategy and development officer.

• Duane Holloway, general counsel, will become general counsel, chief ethics and compliance officer, and corporate secretary.

• Barry Melnkovic will remain chief human resources officer.

In separate news, Sara A. Greenstein, U. S. Steel’s senior vice president of consumer solutions, has resigned from the company to assume a chief executive role at another company effective 11 October 2019. Joe Smous, general manager of construction and convertors, will serve as interim head of consumer solutions.

To read more on the reorganization, click here.